Leaving unpaid credit card debt for too long and it could ruin your chance of getting a mortgage in the future. Instead of mortgages being based on how much you earn it will be more based around how much you can afford after all your outgoings and debt re-payments.
Banks such as Alliance and Leicester, [...]

The credit crunch is tightening its grip on Britain with the number of home loans given hitting its lowest level for 9 years. This suggests the mortgage market is shrinking probably a result of continuing problems in the banking sector.
According to the CML or Council of Mortgage lenders the number of loans for property purchases [...]